If you are in the process of quoting auto insurance, chances are the term comprehensive coverage has come up fairly often. Comprehensive auto insurance coverage is a coverage that will pay to repair or substitute your vehicle in the event of a covered loss up to the fair market value of the vehicle. Covered losses that fall under comprehensive include: fire, theft, vandalism, hail, and wind harm. Falling objects and hitting a live animal also fall under comprehensive. If you are financing your vehicle, you will be required to carry both comprehensive and collision coverages to sate lender requirements. The state does not require comprehensive or collision coverage.
What are the definitions for liability insurance medical payments insurance uninsured motorist comprehensive and collision for auto insurance?
Liability insurance: The coverage found on any auto policy that treats harm you cause to another person’s property, either directly or indirectly with your car..
Medical Payments Insurance: Can be either Medpay or PIP. PIP — or “private injury protection — is required in many states, and essentially treats your medical bills in an auto accident, regardless of who is at fault. (summary:will re-attach your fingers if chopped off in a accident).
Uninsured Motorist: Can be for either property harm or bodily injury, and essentially makes your carrier step in when the at-fault party is either uninsured or doesn’t have enough coverage to treat all your damages. Most people have UMBI (for bodily injury), and mistakenly believe it covers property harm to their cars as well. It doesn’t. (summary:will pay for your loss of income as you are an architect whos fingers were cut off and had to miss work for two months while in physical therapy).
Comprehensive: A voluntary coverage that, along with collision, constitutes “utter coverage” on a vehicle. This is for “non-collision” type accidents, even when you collide with an animal. Essentially, it’s to protect your car when you aren’t at-fault for a loss. Includes coverage for hail, flooding, etc..
Collision: Another voluntary coverage, which treats collisions or overturns involving your vehicle. This is triggered whether you’re at-fault or not for a loss, in that it’s specific to your vehicle colliding with another object or overturning.
What does comprehensive auto insurance cover?
Comprehensive auto insurance covers theft, fire, vandalism, weather harm, riots, and other similar acts which may cause harm to a vehicle. Comprehensive auto insurance does not usually cover acts of God, theft or vandalism by family members or employees, contents of the vehicle, or harm due to improper maintenance. Comprehensive is Fire, Theft, and Vandalism (and also if you collide w/ an animal)
Will your premium go up if you file a claim on your comprehensive auto insurance policy?
It truly depends on the circumstances of the claim, and if you were at fault. If you were at fault, and you need to use your comprehensive/collision to pay for your damages you very likely will be looking at a noticeable increase unless you are over 35 and have never had an accident it may only go up by a few dollars here and there. If you weren’t at fault but require the use of your coverage to pay for your own damages because the other person had no insurance depending on the severity you MAY be looking at an increase but depending on how much coverage you elected or how high your deductible is it may not increase. Like I said it varies from case to case and rules, regulations are a fluid thing often leaned and not followed up with. There’s no definite for every script. Hope this helps.
How can you obtain collision and comprehensive auto insurance on a vehicle with a salvage title in NJ Can you insure it under your homeowner’s policy?
Homeowners insurance does not cover vehicles used on public roads. It should not be a problem. Geico insures salvage cars, as do mostinsurance companies. Just recall the car is worth less as asalvage if it’s re-totaled the actual cash value of the car isabout 40% less than a comparable clean titled car. And it’s easierto re-total the car a 2nd time since it’s worth less, so minordamage may re-total it. Lesson: don’t pay too much for salvage carsand don’t get in an accident! **14Jun11- Just called Geico and they said will insure my SalvageTitle here in Fresh Mexico, but will also permit me to addComprehensive to the policy. The company I am presently with will also insure the vehicle forliability but WILL NOT insure for comprehensive. The choice is to go without comp or switch companies. You determine!
What is collision and comprehensive on an auto insurance policy?
I am a licensed insurance agent. Comp is if your vechile is stolen, or bruised by something other than a car which you will have to pay the dec. Coll is if you get into a car accident and say the person did not have insurance then your coll would kick in. But in most cases there property harm will cover you depending on the state. I am from Florida and it is a no falt state so it doesnt matter. You need to check with your agent and see your dectibable. I would suggest uninsured motorist just in case they don’t have insurance your medical will be paid. But that has nothing to do with the com/coll. hope it helped.Tammy
What does auto comprehensive insurance cover?
Comprehensive is Fire, Theft, and Vandalism (and also if you collide w/ an animal)
Does comprehensive coverage for auto insurance cover a hit and run of your parked car?
yes it does but you will be claiming off your own insurance and may liberate your no claims discount if you have one..
Yes it can be used but the deductible WILL apply, and your rates may increase if you put in a claim. (as unfair as that may sound)
What is comprehensive insurance?
Comprehensive Insurance is a term used for a multitude of insurance policies suggesting a broad protection. In car insurance, it is coverage which pays to repair or substitute the policy possessor’s vehicle and private property inwards of it if it was bruised or lost due to other agents, such as fire, theft, flood, or vandalism. Comprehensive insurance is an element of car insurance that pays for damages to your vehicle caused by anything other than a collision, including vandalism, theft and natural disasters.
What does ‘symbol age group’ on comprehensive auto insurance mean?
Companies use rating symbols for various things. Normally the vehicle symbol for comp/coll is based on the fresh purchase price of the vehicle. The higher the number the higher the insurance will cost. Some companies have their own symbols assigned to vehicles while most use the ISO (Insurance Services Office,Inc.) standard symbol.They also use your age in rating and you marital status in pricing auto insurance. A symbol will be assigned your vehicle when fresh and can go down over time depending on the replacement cost of the vehicle. For example ISO symbol for an Infinity M35 AWD is 22 for fresh cost but, 21 for a 2005 model. Another example is a symbol of Ten for some Ford Ranger pick ups while a symbol for most Mercedes are 27.
Does comprehensive auto insurance cover harm from road debris?
It depends on the terms of the insurance and the type of harm to the vehicle. Contact your insurance agent for the terms of your insurance. In general, it should.
What does comprehensive insurance cover?
Can you recommend a UK insurance company that deals with comprehensive insurance policy for a consigment from Asia to Europe
What is comprehensive car insurance?
Comprehensive insurance coverage is a physical harm part of automobile insurance which covers you vehicle for fire, theft, vandalism, violated glass, and all animal collisions. Collision is the other main part of physical harm coverage which covers hitting something or turning the vehicle over. You can purchase comprehensive without collision but not collision without comprehensive.
Is vandalism covered by comprehensive insurance?
Depends on your policy. If very likely is if it’s utterly serious vandalism, but you might be better off just fixing it out of pocket and not telling the insurance company depending on how much it would cost to fix (since the insurance company might raise your rates based on this incident).
Does comprehensive auto insurance cover transmission work?
Not unless the transmission was bruised in an auto accident. Auto Insurance does not cover maintenance nor does it cover normal wear and rip.
Is there a deductible on comprehensive auto insurance?
Yes. Most insurance companies do have a deductible for this kind of insurance. Most deductibles are 500. This can be a normal charge for a deductible.
Does auto insurance comprehensive cover rodent harm?
currently going thru this. State Farm says they will cover, but don’t do anything to vehicle until they have an adjuster/claim rep assess harm
Does auto comprehensive insurance cover rodent harm?
Evidently some do. I just had the same problem and Progressive covers it under my comprehensive insurance. The deductible applies. It was categorized as not at fault so no effect on premium.
Does auto insurance comprehensive cover water harm?
water harm is only covered through utter coverage if you have it and just so happens to run in a pond or something.
I am covered on my mothers auto insurance she has comprehensive if i drive someone elses car and get into an accident will i be covered?
you are covered ONLY if the possessor of the car you are driving is insured for occasional drivers. Your mother’s insurance has nothing to with another ‘s person’s car that you have borrowed.
Do you need comprehensive and collision on a auto policy?
This indeed depends. For example- John has a 1992 Toyota Corolla. The car is worth about 2000 dollars. He has no lien or lease on it. He doesn’t need comp or collision. Mary has a 2009 Toyota 4runner, its brand fresh, low miles and has a lien on it. Since she has a lien on it, she is required to have comp and coll. Also considering the car is worth 20,000k she would be crazy not have it. At certain points you will find that their will be an in-between type of time where the car is paid off, but it also worth some money still. At this point you will have to way your options. Does having comp or coll add up over time to be the best way to go? Or should I take my chances and do away with it to save money? At this time, this is up to you to make the call.
When should you cancel your comprehensive insurance?
When you feel it is no longer necessary such as not having the car anymore, the cars value being to low to insure, or you don’t think it is or risk of being bruised by perils out of your control.
Does comprehensive auto insurance cover water harm due to roof leak?
NO, Your Auto Insurance does not cover maintenance or manufacturing quality issues. This could be a defect you might look to your auto warranty for correction.
Does comprehensive on my auto insurance cover theft?
Yes, as a rule and possibly in all known policies. If you have any doubts read your policy or call your agent.
Does auto comprehensive insurance pay off and substitute auto?
Not as such. What you owe on your vehicle has nothing to do with the auto insurer’s liability, except to the extent that the lienholder is usually named on the policy as a loss payee. If your vehicle is deemed a total loss in a covered incident under comprehensive such as a fire, theft, etc. then the insurance company will pay per the terms of the policy. As stated in the policy, the insurance company has the option to repair, substitute, or pay the actual cash value of your vehicle. Actual cash value will be paid if the reasonable cost of repair exceeds a stated percentage of the actual cash value of the vehicle. That percentage is usually set by state law. Actual cash value toughly equates with market value of a similar vehicle in similar condition and similarly tooled. If the vehicle is proclaimed a total loss, the insurer will pay the lienholder very first and if the car is worth more than the loan balance the remainder will be paid to the insured. If the loan balance is more than the value of the vehicle, and thus, what the insured pays, the insured is responsible for the balance. then you have a problem. The company will pay the entire amount to the loan company but then you will still owe the balance to the loan company or bank. One of the ways to protect yourself from being responsible for the difference inbetween what the insurer pays and the balance on the loan, is through GAP insurance. It is a separate policy, for a separate premium. It pays the difference inbetween the insurance settlement and the amount remaining on the loan. It is usually suggested when the car is purchased and financed, but can generally also be obtained after the fact from a property and casualty insurance agent.
Does comprehensive auto insurance pay off and substitute the vehicle in the event of auto theft?
Comprehensive is the coverage that would pay for the theft of a vehicle. The policy spells out the insurance companies options on payment. On any claim, the insurance company has the option to repair, substitute, or pay the actual cash value of the vehicle in the event of any loss. Generally they do not substitute a vehicle but pay the actual cash value less your deductible then permit you to purchase a replacement vehicle. As a matter of utter disclosure, I own and operate a puny Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company. As for the payoff of the loan on the vehicle, the insurance company will have to issue payment to the bank up to the amount owed on the vehicle. The amount they pay has nothing to do with the balance on the loan. If you owe less than the ACV then the balance will be paid to you. If you owe more than the ACV then you will have to pay the difference to the bank or finance company.
What is the meaning of comprehensive car insurance?
It’s lighter to tell you what collision is very first. Collision is when you hit something or turn the vehicle over. Comprehensive is just about everything else. Fire, Theft, Animal Collisions, Violated Glass, Tree Falling on Car, etc. Most companies do not rate up your insurance for comprehensive claims. You may liberate a claim free discount if it is on your policy but will not be surcharged. You can be cancelled for too many comp claims however.
What makes an auto comprehensive insurance go from 70 six months ago to 294 Never had a claim a ticket or an accident I need answers?
That does sound like a big increase, but there at least a few factors that may be involved, including: 1. If you lowered the comprehensive deductive, the premium would increase. The deductible is the amount that you have agreed to pay toward the cost of repair before the insurer is responsible for paying anything. Two. If you substituted the old car with a fresh one. Since the cost of repair may be higher on the fresh car, the premium would be higher. Three. The insurance company may have applied to the state for permission to increase its rates. A rate is the cost of insurance per $1000 of coverage. The premium is derived from the rate and depends upon the dollar amount of insurance that you purchase. In most states, insurance rates are regulated by the state regulatory authority. The insurer must generally apply to the state for permission to increase rates. In so doing, the insurer must demonstrate that the proposed rates are neither excessive, inadequate nor unreasonably discriminatory. This means that the insurer is prohibited from making what the regulator deems an unreasonable profit. It also means that the insurer must charge a high enough rate to cover anticipated losses (otherwise it will become insolvent). Ultimately, it means that the insurer cannot unreasonably discriminate among groups of insureds that constitute actuarially similar risks.
Will your comprehensive portion of my auto insurance cover your bruised transmission if you went over a curb?
No, that would be a collision, and would be covered under the collision portion of the policy, and the collision deductible would apply. Collisions are also considered a chargeable claim for rating and insurability purposes.
How is auto liability insurance different from comprehensive insurance?
Liability insurance only covers someone else in the case that you are responsible for damages caused in a collision. Comprehensive coverage will cover a driver that you hit, as well as cover yourself for any damages inflicted during a collision.
Is tricare insurance a comprehensive insurance plan?
Tricare insurance is a comprehensive insurance plan suggested in the United States of America. It is renowned for service military personel and their families and services countries beyond the U.S.
Does comprehensive auto insurance cover crashing into side rail because you had to avoid an oncoming vehicle swerving into your lane?
It would be covered as a collision claim not a comprehensive claim. IE; you “collided” with a guard rail.
What does comprehension mean in auto insurance?
It is other than collision insurance. It covers hail, stolen vehicle, hitting an animal, and vandalism.
Does comprehensive auto insurance cover roll over due to black ice?
No. This would be a collision claim because all roll-overs no matter the cause are collision claims.
Will your comprehensive auto insurance cover your car if you were not at fault in the accident but other drivers insurance denies claim?
Let your insurance company/agent treat the claim–they will collect from the other insurance if there is a valid claim. You’ll need a police report.
What is the difference inbetween total coverage auto insurance and comprehensive and collision insurance?
This is a good question. Utter coverage was a term that used to be used in insurance to describe a policy that had liability, comprehensive, collision and any other endorsements that the client desired such as rental coverage and whatever else. Due to it being the day of suing over everything we don’t use the term any more because too many attorneys have wooed people that utter coverage had to mean every possible coverage that there is and then some even tho’ the person knew what they bought. No individual responsibility for reading the policy or at least the declarations summary page, just sue. So now we don’t say utter coverage any more, we name each coverage separately.
Will comprehensive auto insurance cover a claim if a tow truck damages your car in transit?
I would say that the tow truck is liable for this claim. This is also what your insurance company will say even if they go ahead and pay the claim to keep you blessed. Most of the time your company will pay then they will subrogate against the responsible party. If you have comp and collision then their is no issue. If you have comp and not collision then issue of what happened may come into play.
Is there a deductible on comprehensive coverage auto insurance?
Usually there is a deductible on comprehensive coverage auto insurance. The deductible can range in different amounts usually from 0 to $1000 or even higher if it is a very expense vehicle.
How significant is it for comprehensive insurance coverage to be listed on free auto insurance quotes?
It is significant for comprehensive insurance coverage to be listed on a free auto insurance quote, so a person can get an accurate quote. A person would not want to expect to pay one amount and have to pay more.
When is a car comprehensively insured?
Comprehensive is a type of coverage you can add to an automobile policy. Comprehensive coverage is a physical harm coverage that includes harm to your vehicle that is not included in collision coverage. Collision coverage is harm done when you hit something or turn the vehicle over. Comprehensive includes fire, theft, vandalism, and animal collision. You can have comprehensive without collision but not collision without comprehensive. .
What is the best price for fully comprehensive auto insurance as a triple A member?
The price depends on the dealer. Different dealers are different, so the prices are vary. The dealer may give you a deal if you can bargain for a lower price.
How comprehensive is progressive boat insurance?
Progressive offers comprehensive and collision boat insurance. Both insurance types cover collisions inbetween boats and other objects. Comprehensive insurance gives extra protection and covers cases such as a boat fire or a stolen boat.
Where can one find comprehensive details on auto insurance plans?
One can find auto insurance plans from major insurance companies such as Geico or Progressive. It is recommended to get numerous quotes before determining.
What kind of damages does comprehensive auto insurance cover?
Comprehensive auto insurance will cover a driver for car accidents and injury caused by them. It will also cover harm from weather incidents, vandalism and fire, as well as theft.
Is there a comprehensive Auto liability policy?
There are many different types of insurance policies to choose from, including comprehensive and liability. When choosing a policy, be sure to consider the cost and your basic needs.
Where can one buy comprehensive auto insurance coverage?
One can buy comprehensive auto insurance at pretty much any company that specializes in insurance policies. Some of the most popular companies include State Farm, Progressive, Allstate and Esurance.
What is included in comprehensive auto insurance coverage?
Comprehensive auto insurance coverage covers the different types of events or accidents cause by falling objects, animals, extreme weather, theft, vandalism or riots. But it does not apply to any types of accidents with other cars.
What is the definition of Comprehensive Liability Insurance?
Comprehensive Liability Insurance means protection against claims of property harm or individual injury when filming on public property. This is a very accurate definition.
How can comprehensive car insurance be cheap?
Comprehensive car insurance can be cheap by having a higher deductible, getting any available discounts from your insurance carrier, or having a lower amount of coverage. You can also have cheap comprehensive insurance by having a less expensive car.
Is a bruised key covered by my comprehensive auto insurance?
Most likely not. The main reason is that the cost to substitute a key will not be enough to exceed whatever deductible you have. The main issue to consider on any claim is what caused the loss and the claim must be caused by a covered loss.
Do you need liability insurance if you have comprehensive insurance?
Generally, you can’t buy comprehensive without very first buyingliability coverage. Liability covers harm you do in an accidentif it is your fault. Comprehensive will not even pay for yourvehicle in an accident. It only covers fire, theft, vandalism,animal collision, etc.